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Portfolio Management Professional Questions 156–160 (page: 33)

Updated On: 10-Feb-2026

You are the manager of a major portfolio with a variety of stakeholders and stakeholder groups. you know that managing communication is key to success and you stress on maintaining a high communication level. You have just finalized the development of the Portfolio Communication Management Plan. Which of the following is correct regarding its purpose and focus?

  1. Articulates the options, preferences, and factors that will be considered in a specific portfolio
  2. Identifies recipients for information associated with the portfolio management process
  3. Shows how and when the portfolio resources will be planned, balanced, and allocated to the portfolio components
  4. Describes the approach and intent of management in identifying, approving, procuring, prioritizing, balancing, managing, and reporting a portfolio

Answer(s): C



All measurements in a Portfolio are done in correspondence to Key Performance Indicators (KPIs), and defining those KPIs is essential and should be done by highly capable personnel. Which of the following is true regarding who prepares KPIs and which party approves them?

  1. Portfolio Management team and Portfolio Manager
  2. Portfolio Manager and Steering Committee
  3. Governance team and Executives
  4. Portfolio Management Team does both

Answer(s): C



You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve the expected strategy. For this you start by developing the strategic plan. What output do you expect from this process?

  1. Portfolio, Portfolio Strategic Plan
  2. Portfolio, Portfolio Strategic Plan, Portfolio Reports
  3. Portfolio, Portfolio Strategic Plan, Enterprise Environmental Factors updates
  4. Portfolio Process Assets updates, Inventory Of Work, Portfolio, Portfolio Strategic Plan

Answer(s): A



Risks perspectives differ within the organization between executive management, operations management, portfolio management and project/program management. When it comes to Operations management, which of the following is a risk concern?

  1. Issues with Product development
  2. Time to market
  3. Reporting and data accuracy
  4. Time, cost and scope commitments

Answer(s): A



Values assist in guiding actions, evaluations, and decisions. Assume your organization is considering entering into a consortium to produce a heliumcontrolled car. Once the helium is supplied, additional amounts will not be needed. The car is to be personally appealing with a focus on an inexpensive cost to increase marketability. The consortium will enable each firm to capitalize on the expertise of the other firms in it, but the customer will view it as a separate entity. If your organization enters into the consortium, it must justify the value to the portfolio of doing so. In addition to ensure benefits are realized a focus is needed on:

  1. Organizational value
  2. Sustainable value
  3. Managerial value
  4. Employee value

Answer(s): C



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